Newsletter Article

The many hats of Noble-Davis

We sometimes get the question – what all does Noble-Davis do for my plan? The answer to that depends on what you have hired us to do for you, as we can wear multiple hats, depending on what services you need.

For many clients we are your plan’s Recordkeeper, and we provide you and your participants a statement of your plan’s assets and earnings on a detailed level. For those using our daily plan services, we also provide web services where you can view your up-to-date plan and individual information.

But primarily, we are a Third Party Administrator (TPA) and we assist you with keeping your plan in compliance with the various laws affecting retirement plans. We can perform this function for you regardless of where you maintain your investments. We can partner with various investment platforms that house your participant accounts, and provide services to compute and allocate your contributions, provide testing as needed, and offer signature-ready government reporting such as Forms 5500 and 8955-SSA.

Although we strive to assist with all functions of your plan’s administration, we do NOT provide investment advice to you or your participants, as that is the jurisdiction of your plan’s Investment Advisor and we will always refer questions of that nature to them.

Please contact your Plan Consultant if there is a service that you are not currently receiving that you would like us to provide for you!